LONDON, Feb. 15, Reuter: The International Wheat Council (IWC) today estimated world wheat production last year at a record 533 million tons against the estimated 506 million tons in 1985.

In its latest market report, the IWC revised the 1986 figure upwards from its December estimate of 520 million tones, mainly because of an unexpectedly high Official forecast for the Soviet Union’s wheat crop of 92.3 million tons, up from 78 million tons in 1985.

The IWE said it expected the Soviet Union would import 26 million tons of grain during the year ending June 30, 1987, down from 30) million tones for the previous 12 months.

Article extracted from this publication >>  February 20, 1987